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National market update

Broad Stabilization in Second Quarter Metro Area Home Prices with Strong Sales

Washington, August 11, 2010 The trend in firming home prices solidified in the second quarter with more metropolitan areas showing increases from a year ago, aided by a surge in home sales driven by the home buyer tax credit, according to the latest survey by the National Association of Realtors®. More...
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House Passes Flood Insurance Reform Bill That Extends Program to 2015

Washington, July 15, 2010 The House today approved a flood insurance reform bill that would reauthorize the National Flood Insurance Program to September 30, 2015, a provision strongly supported by the National Association of Realtors®. More...
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National housing indicators

Existing home sales ()

5.37 million units*

Existing home median price ()

$183,700

Housing Starts ()

549,000 units*

New home sales ()

National economic indicators

Home ownership

2nd Qtr 10

66.9%

2nd Qtr 09

67.4%

The homeownership rate in the second quarter 2010 (66.9 percent) was lower than the second quarter 2009 rate (67.4 percent). In the South and West, the homeownership rates were lower than a year ago, while the Northeast and Midwest showed no significant change from corresponding second quarter 2009 rates.

New home sales

June 10

+23.6%

May 10

-36.7%

Sales of new one-family houses in June 2010 were at a seasonally adjusted annual rate of 330,000. This is 23.6% above the revised May 2010 estimate of 267,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, realtor.com® local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.

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